By Digital
Sitecore, a supplier of ecommerce and content material administration software program it promotes as digital expertise administration know-how, has raised $1.2 billion in funding from a non-public investor.
Steve Tzikakis, CEO, Sitecore
“As firms and shoppers seek for extra seamless methods to speak, coordinate and collaborate throughout this momentous interval, Sitecore’s funding will supercharge product innovation so as to higher allow deeper and extra partaking experiences throughout all the buyer journey,” CEO Steve Tzikakis, who joined Sitecore as its chief govt 5 months in the past, stated in a press release concerning the funding launched at this time.
He added in a remark forwarded to Digital Commerce 360: “The dimensions of this funding will permit us to speculate instantly in product innovation, greater than double our go-to-market presence, improve our international model and develop our geographic footprint. Actually, we’re already planning to open places of work in Spain, Italy and the Center East to fulfill a rising demand in these markets.”
Sitecore, marking its 20th anniversary in enterprise this 12 months, has not publicly named the investor however asserted that it was not a enterprise capital agency. “At the moment, we can not disclose the title of the investor, however it’s a personal investor, not a VC,” it stated by a spokeswoman.
Sitecore says it really works with greater than half of the Fortune 100 firms and near half of the businesses listed within the S&P and Dow Jones World Titans.
Amy Fowles Gath, vp of promoting, Formica
“Sitecore gives a unbelievable platform and is a useful accomplice for the worldwide Formica group, ranging from our web site redesign challenge, which started in 2018,” Amy Fowles Gath, vp of promoting at Formica, a producer of laminates utilized in counter tops, furnishings and retailer fixtures, says in a press release Sitecore launched at this time concerning the funding. “Since then, we launched an enhanced web site and ecommerce technique leveraging Sitecore’s platform, which allowed us to supply versatile, digital choices for experiencing our laminates—even throughout a pandemic. We stay up for seeing what’s subsequent on this new section of progress for Sitecore, realizing it’ll assist us proceed to ship partaking experiences for our clients.”
Final month, Sitecore introduced that it might make out there early this 12 months Sitecore Expertise Edge, a SaaS-based platform developed on a “headless” content material supply mannequin designed to let on-line sellers and entrepreneurs develop content material throughout a number of customer-facing interfaces—together with watches, telephones, tablets and voice-activated gadgets—with out having to change back-end know-how structure. Extra releases of Sitecore Expertise Edge will embody new personalization capabilities, the corporate stated.
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